Thomas Mills
Thomas Mills is a registered investment advisor at Mills Financial Services LLC, based in Tehachapi, CA, with 25 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 56 clients with $4.5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $200K | 1.20% |
| $200K - $500K | 1.10% |
| $500K - $1000K | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $3.0M | 0.50% |
| $3M+ | 0.25% |
For the benefit of discounting your asset-based fee, we will attempt to aggregate accounts for the same household. Our stated fees are negotiable, and we typically reduce or waive for associates of the firm, family members, or pre-existing relationships.
Fee Estimator
Location
Tehachapi, CA
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2016Other Business ActivitiesSells Insurance
Thomas has been an insurance agent since 2000, engaging in insurance sales. This activity takes about a quarter of his time.
Employment History
Current Registrations
Mills Financial Services LLC
Previous Registrations
Mills Financial Services LLC
Waddell & Reed
Waddell & ReedBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.